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20121201
20121231
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CNBC 14
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Search Results 0 to 25 of about 26 (some duplicates have been removed)
. property prices on many big cities are still booming, and that means there is a shortage of affordable housing for students or low-income families. people being priced out of a home has become a major problem in hamburg in germany with many people forced to live with relatives or to commute long distances to work or study in the city center. the challenge now is for the authorities to provide new, cheaper housing, but, of course, finding they could building plots in a city is not always easy to do. dan hamburg's knew of market city district has become a tourist attraction. hamburg is a rich city, and it is becoming less and less affordable for average earners. many here live a shadowy existence, on the go all day with no place of their own, spending nights on the sofa us of friends. lena is studying political science at the university of hamburg. she is not registered, so we cannot fill her at home. >> i live with a friend in a half from, which they are not allowed to sublet. that means i cannot have my name on e-mail or letter box. i can stay here for now, but no one official can no -
a country. instead, it is destroying cities and committing massacres against unarmed civilians. his defection is another blow to the regime, which is trying to contain rebel advances. the opposition is again reporting successes. this unverified internet video is said to show bubbles seizing a town on the turkish border. -- rebels seizing a town on the turkish border. the fighting continues, but in damascus, u.n. special envoy lakhdar brahimi continues his pursuit for peace. >> we have reason to hope that the meetings will have a positive outcome. we do hope so. >> for now, syrians can only hope for peace. opposition activists say the conflict has now killed more than 45,000 people, most of them civilians. as 2012 draws to a close, no end to the violence in sight. >> in afghanistan, a suicide bomber has killed at least three people at a u.s. military base. >> the man blew up a car packed with explosives. police say at least six others were injured. the taliban has claimed responsibility for the attack, which came just days after a shooting inside police headquarters. the egyptian pre
a class action suit against germany in a court in the western city of bonn. >> those claims are related to an air strike ordered by a german officer in northern afghanistan in 2009, which killed 90 civilians. germany had given some compensation to the victims' families without admitting responsibility. >> lawyers representing survivors of the air strike are demanding higher compensation -- more than 3 million euros in total. they complain the settlements arrived at immediately following the attack were too small. as far as the german government is concerned, the case is closed. >> 5000 u.s. dollars was paid in over 90 instances. this money was transferred to an account in afghanistan. the account was specifically designed to compensate these families. >> on september 4, 2009, a u.s. f-15 fighter jets bombed two fuel tankers, killing more than 90 civilians. a german officer called in the air strike based on faulty intelligence. the political repercussions were extensive. the german defense minister at the time was forced to step down for his handling of the affair. >> coming up later in
:20. and the outlook for u.s. credit market appears less rose city. we'll speak to a moody's analyst that says high duration credit could be badly exposed. the european central bank is announcing either monetary policy decisions later today. economists expect ecb to stay pat on rates. its revised down its forecasts in 2013. hot on the heels from her stint in brusselss, silvia has moved back to frankfurt and the ecb headquarters. how more pessimistic might they be today in their forecasts. >> that's the big question. if they get too clee to the zero for the forecast next year, anything below let's say 0.4, 0.3 would be considered a little bit more bearish and that would of course increase the chances or risks whatever you want to look at it for further rate cut somewhere down the pike early next year, maybe january or february. the consensus for today is as you said no change on rates. remember a month ago, there were many calling for rate cut this month, but that seems to have receded right now. maybe also because the data we see out of the eurozone is rather mixed. everybody quite agrees that foir
in one of the most dangerous cities in the world. i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama getting into a new fight with republicans and it's a fight he may actually lose. this afternoon in detroit, the president blasted a package of anti-union bills. michigan republicans, governor, is ush pushing through his state's legislature. >> what we shouldn't do, i just got to say this, what we shouldn't be doing is trying to take away your rights to bargain for better wages and working conditions. >> even though the cheering went on for nearly half a minute, it looks like those anti-union bills may, in fact, have enough support to pass michigan's legislature, despite union threats of massive demonstrations. cnn's alison kosik is in the capital, lance, watching what's going on. explain what the fight is all about, why it's so intense. >> reporter: well, first of all, here at the michigan state capit capital, it's more about the calm before the storm. those demonstrations of thousands of people descending on the state capitol. police are gearing up
within the block and not the city of london. and white house and congress may need to call the auto club to jump-start budget talks which has stalled on discussions over taxes. plus singapore airlines confirms it is in talks to sell its 49% stake in virgin atlantic. reports suggest delta amongst the front runners. equities up in the month of november. ahead of the u.s. open, up by a quarter percent for the ftse. quarter for the ibex, as well. by and large the pmi numbers have been slightly better than expected. the revision on the eurozone pmi aunt wasn't on the headline composite number, but new orders were a little bit better. still a long way away from the 6% mark. gilt yields steady. manufacturing pmi better than expected. euro-dollar hit a six week high. dollar kren moyen moving away f 7 1/2 peak. talking about the uk, george osbourne says there's no turning back on austerity just days ahead of his annual statement. he continues to resist opposition calls warning that lack of budget discipline would have serious consequences for the british economy. >> going back on our commitment t
a government motorcade was driving through. this happens all the time in chinese cities and it's not just for the very top officials. this last one, newspapers in china often have the faces of leaders on the front, no matter how mundane the story. the latest reforms want more real content. all of these reforms, they have a common objective. she wants the government to regain the public's trust. back to you. >> the new leadership also set some key economic priorities, which had a big impact throughout asia today. sixuan has the details. hi, sixuan. >> hi, thanks, ross. some call it a shanghai surprise. mainland markets staged a strong rebound. this called for economic stability by boosting domestic demand, keeping property curbs. the shanghai composite jumped nearly 3%. the ipo pipeline may be on hold. financials, commodities and infrastructure are among the top gainers today as investors take advantage of cheap valuations. the hang seng followed suit and declined to a 16-month high. insurance surged 5% after hsbc explored a stake group. the nikkei closed at a seven-month high. shares gain
. >>> and find out how city index has taken a group of individuals with no financial market experience and turned them into successful traders. we'll hear from the winner of this year's competition who is a trainee taxi driver. we'll hear from foreign central european bank chief jean-claude trichet. he spoke with stefan pedrazzi about whether he believes there are any reasons to be optimistic about greece. >>> and whether volatility triggered by uncertainty over the fiscal cliff should be hear to stay. the fiscal cliff seems to be here to stay, at least. house speaker john boehner has scrapped the deal on plan b. boehner conceded last night he didn't have enough support from republicans to pass the bill which would raise taxes on households making more than $1 is million a year. the house is now in recess until the end of the year. the white house says the president's main priority now is to ensure taxes goes go up for 98% of americans and 97% of small businesses. for more on the tax, we're joined. talk about the cliff. you wake up to the news this morning. what do you make of it? what do you do
-looking forecast. maybe some snow here. looks like rain down the city toward washington, d.c. too warm for snow out of this one. stay tuned. next wednesday, guys, could be talking about a nor'easter, it's been a while since we've seen one of those. >> oh, no. >> just want snow. it's not -- correct me if i'm wrong because i've been wrong, it's not winter yet, is it? i'm afraid to say how many days it is because i'll mess up the math. it's not winter yet. we -- >> it's technical. in weather world, winter starts on december 1. >> wally world? >> meteorological winter. weather world. not clark griswald. >> december 1? it is winter. >> according to the sun the start of winter is december 21. also the end of the world. maybe we won't see weather. >> that's right. that's right. it is. you know, the -- the vatican says the world is not -- i'm going to go with the vatican on this. >> as opposed to the mayans. >> yeah. >> pagans versus -- >> yeah. >> i think that's fair. i expect being here on the 22nd -- >> like the fiscal cliff. if you can't be an optimist, you can't show up. >> but if the end of the world
this morning, a company backed by millionaire elon muss sex going mub. we are talking about solar city, known for solar panels, musk, who is the company's chairman and ceo, lyndon life, will join us this hour. nship. together for your future. ♪ >>> google maps returned to apple's i phone and ipad. google maps replaced the default application with its own app but that was a target of widespread criticism. the google maps available as a download from apple's itunes store. so it is available as a download. i mean, does this change anything, jim? >> google is huge. >> yeah it s >> apple -- are we really trading on every little review now? oh, wow, google maps. there is a un -- really an unreality about these stocks. they should not trade on whether google maps is sudden lynn better than apple maps, should be trading on profits, earnings. google missed last time, apple missed twice. maybe apple doing better. we look at the review and say i got to take out some google. it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads,
. >> daniel, thanks very much for joining us. a couple story here. if you're looking for the city with the best quality of living in the world, then head to vienna. this according to consulting group mercer just published its quality of life survey. zurich number two. baghdad ranked last over concerns over security and political instability. and it is official, a new royal highness is on the way. after week of speculation, the duke and duchess have confirmed they are expecting their first child. the duchess thought to be under 12 weeks pregnant is being treated in a central london hospital for severe morning sickness. book makers have been inundated with bets. and more from twitter, as well. last night the pope announced he'll be using a micro blog to he spread his message. the pontiff says he'll defeat in eight languages. the english language version of it is @pontifex. there you go. will you be following the pope? what is the top news maker? e-mail or tweet us. we'll take a short break. still to come, we'll be back in brussels. finance ministers start debating proposals for a ba
city and doing a good job. >> and doing a quite capable job. lionel barber is the editor of the financial times. we thank you for your time this morning. >>> now let's take a quick look at the swiss franc. why? this is one place in particular in an exclusive interview with cnbc, the chairman says they could employ negative -- to swees the swiss franc low. >> the swiss franc remain aes strong currency and we expect it to weaken over time which is economically the right thing that should hab. >> the fed has said it will now have numerical targets for its monetary policy. are you considering similar targets for as to when you would change your stand on the minimum exchange rate? >> every country obviously has a little different monetary policy. it is crucial to maintain for the time being. that's the right decision for this area. >> the swiss frank is notably weak weakened. given that these measures have seemed to work, would you can happen consider similar measures? >> we do not exclude any measures that are necessary at one time. negative interest rates are something that
in capital cities be full this holiday season? richard sullivan is the president of the capital group. >> post lehmans was something and it was the deepest, longest downturn we've seen in the history of the industry. but we saw certainly in '10, '11 and '12 some pretty good growth and we saw return of business travel. what we did see was leisure travel, even in '09, which is that terrible year, demand for leisure room nights went up in our business. and i think it just shows that travel is part of everybody's life today, whether it's for business southbound, and we know all about that. but smor in the maslow's hierarchy of needs, travel has become a necessity. we saw significant growth in asia, particularly in china, double digit growth. even though supply was growing fast. what we saw actually in europe and in the u.s., which you don't see a very big market, we saw that supply growth was restrained because there wasn't bank finance and there still isn't, which meant revpar was growing throughout the last few years. rev par has been quite a strong market and total revenue ves grown, a
by rose communications from our studios in new york city, this is charlie rose. >> rose: les miserables is one of the best loved muse calls of all time, 60 million people have gone to see victor hugo 1862 novel of tragedy, romance and revolution sung into life it is now one of the year's most anticipated movies. here is the trailer for the film. ♪ i dreamed a dream in time gone by ♪ ♪ and hope was high, life worth living ♪ ♪ i dreamed that love would never die ♪ ♪ i dreamed that god would be forgiving ♪ ♪ but the tigers come at night ♪ ♪ thunder ♪ i had a dream my life would be ♪ ♪ no different from the tale i'm living ♪ ♪ no different now from what it seemed ♪ ♪ a life has killed a dream i dreamed ♪ ♪. >> rose: joining me now is the director tom hooper, his last movie the king's speech won an oscar for best picture. also with us anne hathaway. she brings new grit and passion to the role of the tragic heroine and hugh jack mann jean valjean. i'm pleased to have all of them back at this table. welcome. >> thank you. >> how hard is it to take this k
if for. ♪ >> executive chef andre dupont at the city of london branch has promised it teach even a kitchen novice like me how to make the perfect holiday meal. this is the second london location of the french company, but plenty more are in the pipeline. >> we plan it open four more in the next tweerks all o years, a london. >> why is the u.k. so ripe for expanding a cooking school business? blame the likes of tv chefs. >> the desire to learn about cooking, to watch cooking is everywhere. it's ubiquitous across the media. you watch any tv program at night, you've got cooking there. any magazine, newspaper, you've got cooking there. we've become very used to cooking. we're a nation of armchair chefs. >> how did my attempt at making holiday dinner go? okay, i'm going try to get a little of everything. so good. it's worth the effort to actually make something like this for my family. that would be great. >> absolutely. >> wow. turns out with a little classically trained french help, even i can make christmas dinner. from the kitchens of latalia de chefs, i'm kelly evans. if there's
mentioned this happening in other cities, including new york. >> absolute lit. if all the rooftops in chicago were green, they would say around a million pounds of energy per year. in london, if we look at the scale of things, we're looking at 2 million. >> and we're showing the highlight in new york, this being one example of a rooftop park. one issue it seems is trying to figure out whether to impose this from the top down or let individual companies and businesses come around on their own. do you get the sense there's some momentum or transaction here or would you prefer to see this imposed on them, so to speak? >> oh, i think people have to want it and generally get involved. but sometimes it's about knowing what the benefits are and actually understanding it. i think in terms of cutting energy footprints, that's going to be good and, obviously, something that government is pushing quite hard. so like it or not, i think sooner or later, people will have to get engaged. >> and we just hope it doesn't throw santa off too much when he sees that. thank you very much. >> thank you.
for the northern suburbs. in the city itself, i'd say near 2 inch of snowfall. northern michigan, he could see fairly significant snow, some places up to a foot or so. but that snow, that system which means so much to millions of americans is going to drive its way eastward, bringing rain, strong storms ahead of it and what you can expect point by point. eastern third of the country, pretty quiet, at least along the coast. it's the ohio valley, mid mississippi valley where you can have snow and rain. let's wrap it up and send it back to you. >> perfect. reynolds wolf, if you're just joiningous "worldwide exchange," these are your headlines. the boj increases asset purchases for the on ferd time since august. it could be announced today. brinksmanship continues as president obama threatens to veto john boehner's plan b for the fiscal cliff. >>> and russia's richest man, alisher usmanov was one of a group of early facebook investors who achieved spectacular returns. geoff cutmore asked mr. usmanov just what prompted him to make that investment in the first place. >> what i saw in facebook from t
. they were the shopping mall in bangkok, thailand, and that city's suvar nabumi airport. we asked where are you headed this year? italy, bangkok? john says i would like to travel to rome and check out the art and buildings there. and someone else is interested in architecture. jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and france. if you want to join in on the conversation, e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. >> the food always tests better if you're eating it in a local original place. >> it also doesn't have calories if you do it that way. >> no, it doesn't count. sitting in tuscany enjoying an italian dish, that might be on my list. speaking of italian, we had an auction that was very successful earlier and it was the last auction that we saw for the year. they've sold a large amount of bills across the board. the ten-year italian paper now yielding 4.5%. so we've seen more buying into the italian
.1 ounces in new york city. things are going in a very strange direction. does that factor into your thinking? pizza is not thought of as health food. >> you put a bunch of vegetables on it and it can be healthy. there are some menu labelling issues. >> when are you guys going to follow him right in there? if you look at the ties over here, they're disappearing quickly. >> cold pizza has been a staple for a long time. i think that's going to remain our core entrance into the breakfast market. >> yeah. you don't need eggs, either. it's basically bread, chicken and cheese. that doesn't seem like a -- usually i don't eat anything until like 10:30 or something. and one egg. you really shouldn't do that if you're up at 3:30, right? >> if you're up at 3:30, i think you need a meal. highly recommend pizza. >> how come the holiday sess a bigger time for you, patrick? >> you know, as families start to get together, as the weather gets colder, people tend to stay in. they're out shopping or they're just very busy. and they get home, they need something convenient and so we're out hiring somewh
stream together instead of the way things typically are, where it is a particular state or city looking for that. we have seen there is enough interest at 13 partnerships would apply for that. that shows the promise of the strategy, which has been used in germany, of the national manufacturing innovation hubs. that is something we will to promote in a second term and expand further. >> over here. >> thank you. every child matters. i applaud you for your comments about the need not to have less having money for children versus money for research and other vital needs in the domestic discretionary budget. the question is, where do we find more revenue? and have you considered taxes on stock transfers and stock transactions or other kinds of innovative -- carbon taxes, other kinds of approaches where we can find new revenue that it would be possible for us to have amongst ourselves for important resources? >> it is going to shock you to know that i'm not here to make news on a new revenues. we are busy fighting right now to make sure that we have a budget agreement that is very balanced, a
Search Results 0 to 25 of about 26 (some duplicates have been removed)